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Bubble Tea Café And Mobile Events Business (Riga) For Sale

Rīga, Rigas, Latvia
Asking Price:
€42,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
On request

An excellent opportunity to acquire an established and recognizable bubble tea café business in central Riga, Latvia.

Founded in 2017, the business was one of Riga’s first dedicated bubble tea cafés and has developed a recognizable brand, an established customer base, active social media channels, and a proven operating concept.

The café operates from stylish, aesthetic, fully equipped 74 m² leased premises in central Riga and is ready for immediate operation by a new owner.

In addition to regular café sales, the business has experience with pop-up events, private events, festivals, corporate orders, and mobile beverage sales, offering significant opportunities for further growth.

The sale includes:
A limited liability company (SIA) registered for food service, mobile trading, and distance selling activities.
An established Bubble Tea brand and visual identity
Fully equipped café premises
Additional equipment and inventory suitable for launching a second location
Fully prepared mobile pop-up trailer for events, festivals, private functions, and off-site sales
Fully equipped professional kitchen and bar
Social media accounts and digital assets
Supplier contacts and established purchasing processes
Recipes, product know-how, and operating procedures
Existing customer base
Event and pop-up sales concept
Training and transition support from the current owners
Location: In the very heart of Riga.

The business is suitable for an entrepreneur, investor, café operator, dessert or beverage company, or an international brand looking to enter the Latvian or Baltic market.

There is strong potential to expand the concept through additional locations, franchising, delivery, catering, private events, and seasonal pop-up points.

Asking price: €42,000

The owners are selling the business to focus on other business projects.

Further financial, operational, and legal information will be provided to serious and qualified buyers. The company has no outstanding debts.

If you are interested, please contact us to arrange a viewing at a convenient time.

Property Information

Real Estate:

Lease

Leasehold Rent:

€1,800 per annum

Location:

Prime central Riga location next to Vērmanes Garden, one of the city’s best-known public parks. The café is situated in a busy and easily accessible area surrounded by offices, shops, hotels, tourist attractions, and public transport connections. The location benefits from strong pedestrian activity and is well suited for both daily café customers and takeaway sales.

Premises Details:

The business operates from approximately 74 m² of leased, fully fitted café premises in the heart of Riga, next to Vērmanes Garden. The space is designed for beverage preparation and customer service and is also suitable for preparing and serving food and snacks. It is located in a highly accessible central area surrounded by offices, hotels, shops, tourist attractions, and public transport connections, making it well suited for dine-in, takeaway, and delivery operations.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The business offers strong expansion potential through several established growth channels. The sale includes additional equipment and inventory suitable for opening a second café location, allowing the new owner to expand without starting entirely from scratch.

A fully prepared mobile pop-up trailer is also included, creating opportunities to generate additional revenue through festivals, private events, corporate bookings, markets, and seasonal locations across Latvia.

Further growth opportunities include delivery partnerships, online sales, catering, franchise development, additional locations, an expanded food and snack menu, and collaboration with shopping centres, event organisers, and hospitality businesses.

Reasons for selling:

The owners are selling the business to focus on other business ventures and projects. After developing the brand since 2018, they believe the business is ready for a new owner with the time, energy, and ambition to expand it further.

Trading hours:

12:00 - 21:00
Mon-Sun

Employees:
5
Years established:
8 years

Other Information

Support & training:

The current owners can provide a structured handover and practical training to ensure a smooth transition. Support may include product preparation, recipes, equipment operation, supplier introductions, purchasing procedures, daily café management, event and pop-up operations, social media processes, and customer service standards.

The length and level of support can be agreed with the buyer and may include an initial on-site training period, assistance with transferring key business relationships, and continued advisory support during the first weeks of operation.

Furniture / Fixtures value:
€30,000 - included in the asking price
Inventory / Stock value:
€8,000 - included in the asking price
Relocatable:
This business can be relocated